HXG 8.70% 2.1¢ hexagon energy materials limited

Ann: Amended App 3Y Change of Directors Interest - M Rosenstreich, page-13

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  1. 104 Posts.
    lightbulb Created with Sketch. 10
    No we don't know the price deck but the bulk of HXG output is direct to battery makers not middlemen or the spot market. We know it competes with synthetic at $15k per ton so $2k margin is reasonable.
    Financing comes after offtake agreements so yes financing is easily done if the numbers make it work. Scoping opex was under $500 per ton which seems perfectly reasonable imo. Do let us know how you get to a higher opex number as alluded. Happy to be corrected.
    To your other points grade is perfect at 4-6% in soft rock which is ideal. Higher grades tend to mean the graphite is harder to release from ore - a little acknowledged fact of graphite processing.
    Scoping always intended to operate a 1.2m - 2.4m ton operation and processing costs are very low due to purity and lack of deleterious elements.
 
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2.1¢
Change
-0.002(8.70%)
Mkt cap ! $11.79M
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2.3¢ 2.3¢ 2.1¢ $1.912K 83.41K

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